[비즈한국] We provide a weekly summary of market conditions and trends for major cryptocurrencies within the top 100 by market capitalization. We synthesize key information ranging from major assets like Bitcoin and Ethereum to altcoin market highlights and global policy variables. You can understand the volatile cryptocurrency market as easily and interestingly as watching Netflix.
According to CoinMarketCap, a global virtual asset market tracking site, Hyperliquid recorded a weekly gain of 32.49% from 7:00 on May 15 to 7:00 on May 22, ranking 1st in the cryptocurrency market. The current price of Hyperliquid is 87,318 KRW, with a 9.25% increase over the last 24 hours. Hyperliquid is characterized by its high-performance trading infrastructure that combines its own Layer 1 with an on-chain order book-based derivative trading environment.
NEAR Protocol took 2nd place with a weekly gain of 22.13%. The current price of NEAR Protocol is 2,915 KRW, up 12.40% over the last 24 hours. NEAR Protocol is noted for its strength as a smart contract platform geared toward large-scale service scalability, based on a sharding structure that splits processing into multiple zones when traffic concentrates on a single chain.
Venice Token rose 21.16% for the week to place 3rd. Its current price is 27,427 KRW, up 7.84% over the last 24 hours. Venice Token is characterized as a privacy-focused AI access token designed to allow users to utilize generative AI functions without leaving conversation logs.
Zcash rose 20.85% over the past week, taking 4th place. Its current price is 1,012,618 KRW, with a 0.18% decrease over the last 24 hours. Zcash is known as a leading privacy coin that utilizes zero-knowledge proof technology to prevent transaction details from being exposed publicly.
Dixi rose 9.97% weekly to take 5th place. Dixi's current price is 21,311 KRW, up 1.49% over the last 24 hours. A key technical feature of Dixi is that it is a decentralized asset management protocol that implements indexed asset management and automated portfolio management on-chain.
Meanwhile, DoubleZero rose 7.94% for the week and is trading at 170 KRW. Dash is trading at 75,014 KRW, up 7.90%.
At the same time, Kite is at 353 KRW, up 7.72%. BinanceLife recorded a 7.29% gain and is trading at 670 KRW. edgeX rose 6.97% to 2,231 KRW.
For Hyperliquid, expectations regarding the expansion of its Coinbase integration and potential spot exchange-traded fund (ETF) developments have acted as direct upward factors this month. Market observers suggest that buying interest surged as the liquidity and regulatory acceptance of decentralized derivative exchanges were highlighted. Industry analysts believe that the project being evaluated as having actual trading infrastructure supported its price.
NEAR Protocol expanded its gains as its ecosystem growth and sharding-based processing structure were revisited. Investors reacted to its architecture that decentralizes transaction and app processing even under high-load conditions, and experts explained that this reflects expectations for improved scalability in blockchains that require large-scale user capacity.
Venice Token's identity as a generative AI access token that prioritizes privacy has aligned with the recent strength of AI themes. The market highlighted its structure, which allows users to utilize AI functions without leaving personal data, as a point of differentiation. Analysts interpreted that the connection between AI service access rights and token demand stimulated supply and demand.
This week's top 10 list shows a clear rotation, with a mix of trading infrastructure, scalability, privacy, AI, and asset management. In particular, the simultaneous rise of projects with clear real-use bases like Hyperliquid and NEAR Protocol, alongside theme-heavy tokens like Zcash and Venice Token, suggests that investor trends are shifting toward valuing both functionality and narrative over a single theme.
※ This article was written by Bizhankook and MetaVX's generative AI.